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Jan 31, 2013
01/13
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we're prepared to have these cuts. republicans want the win, and democrats don't necessarily want to fight all over again on this and maybe threaten something on the debt ceiling, which for them would be worse. >> one of the things that hasn't changed since the republicans saying these job numbers are terrible. we're going to keep cutting medical they get even worse. >> so in terms of the big battle and any kind of possible grand bargain, you think that's over continuing resolution and budget numbers? >> yeah. well, i mean, the first thing that comes up time-wise, is on march 1st we have to deal with the sequester because the republicans reordered the way that these things are going to fall on the calendar. the sequester is those automatic spending cuts. billions -- tens of billions of dollars just this year in spending cuts. the republicans would like to have some kind of spending cut win this year, and that might be their only opportunity to get one, so you can see them hunkering in and saying, you know, we're going
we're prepared to have these cuts. republicans want the win, and democrats don't necessarily want to fight all over again on this and maybe threaten something on the debt ceiling, which for them would be worse. >> one of the things that hasn't changed since the republicans saying these job numbers are terrible. we're going to keep cutting medical they get even worse. >> so in terms of the big battle and any kind of possible grand bargain, you think that's over continuing resolution...
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Jan 31, 2013
01/13
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wall street probably couldn't care less what washington does with the debt ceiling and cuts and things like that as long as they know what washington will be doing over the next 12 months, 24 months, and this is pie in the sky, it will never happen, 36 months. >> how about that? so, jared, mitch mcconnell was on the floor of the senate on wednesday, and he said it's actually not new revenue that we need, that it's cutting government waste as we've been talking about. >> right. >> let's listen to a few highlights. >> -- on pig manure. if they demand a one or fun ratio between tax increases and pig manure cuts, then there's really no hope of ever putting our country back on the path to prosperity. >> now, start with you, jared. correct me if i'm wrong, but isn't pig mature what paul ryan is actually trying to cut entitlements unless that's their word for entitlements? >> you know, there is no line in the government budget for waste, fraud, and abuse, although these guys pretend there is. when they talk about things like that, they don't know what they're talking about. during the recover
wall street probably couldn't care less what washington does with the debt ceiling and cuts and things like that as long as they know what washington will be doing over the next 12 months, 24 months, and this is pie in the sky, it will never happen, 36 months. >> how about that? so, jared, mitch mcconnell was on the floor of the senate on wednesday, and he said it's actually not new revenue that we need, that it's cutting government waste as we've been talking about. >> right....
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Jan 30, 2013
01/13
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CURRENT
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police budgets, to -- you know supposedly deal with this debt ceiling -- the last time i checked, 87 americans did not die from the fiscal cliff or the debt ceiling. they are dying from unrestricted access to guns and congress is to blame. >> jennifer: give us some hope. if you have to put your prognosticating hat on, which of the measures are going to get through this congress? will there be an assault weapons ban, background checks and a ban on high-capacity magazines. >> if general mccrystal continues to speak out that these are designed for war and maximum body damage, not for a civilized society, we might get that ban on assault weapons. we should get a universal background check for all gun sales so it's harder for criminals, the mentally ill and terrorist groups that come to u.s. gun shows because they can buy assault weapons without a background check in this country, we should be able to get that. the ban on high-capacity ammunition clips is just common sense. we should get consumer protection standards like we have for toy guns but not real guns and then lindsay graham is s
police budgets, to -- you know supposedly deal with this debt ceiling -- the last time i checked, 87 americans did not die from the fiscal cliff or the debt ceiling. they are dying from unrestricted access to guns and congress is to blame. >> jennifer: give us some hope. if you have to put your prognosticating hat on, which of the measures are going to get through this congress? will there be an assault weapons ban, background checks and a ban on high-capacity magazines. >> if...
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Jan 24, 2013
01/13
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KQED
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remember how they vowed they would only raise the debt ceiling by a dollar for every dollar cut in spending. now they said never mind. we'll push that down the road. the big fight will be on the sweeping spending cuts that go into effect march 1 and on the government funding that runs out on march 27. march is going to be the month to watch, and it's a month that could end in a government shutdown. >> ifill: is it the kind of fight the republicans want to have to redefine themselveses? >> i think they do. gwen, i think you have to know when to hold them and know when to fold them. yes, the republicans folded on this wise wisely. finally, i think they got some smart on this. you have to pick your fights. they need a breather now. they've been on the defense for a year on tax cuts for millionaires, on toughness, shutting down the government, they're not going to compromise. they need to recalbright here, a reset button needs to be pushed and it seems like in every aspect of government. and fight on future spending, not on obligations already incur. >> ifill: in the inaugural address this week
remember how they vowed they would only raise the debt ceiling by a dollar for every dollar cut in spending. now they said never mind. we'll push that down the road. the big fight will be on the sweeping spending cuts that go into effect march 1 and on the government funding that runs out on march 27. march is going to be the month to watch, and it's a month that could end in a government shutdown. >> ifill: is it the kind of fight the republicans want to have to redefine themselveses?...
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Jan 28, 2013
01/13
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FOXNEWS
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that would pay for the last debt ceiling increase. >> the looming deadline is march 1. deputy defense secretary ash carter warned friday that the pentagon's $800,000 civilian employees will face furloughs. and reduce paychecks starting in april, if sequestration is not avoided. pentagon is now planning to eliminate 46,000 temporary civilian workers as a result of these imminent budget cuts. >> i got a perfect storm coming up in the next few months. we have this whole crazy mechanism called sequester. that means $1 trillion will be cut across the board. $500 billion out of defense. across the board. >> in a meat ax approach that will hollow out the force if it happens. >> one of the nation's largest defense contractors general dynamics based in false church virginia reported $2 billion in losses. blaming the upcoming defense cuts. the aerospace industry association estimates that $450,000 jobs will be lost in virginia, maryland and washington, d.c. if dequest ration cuts take place in march, which could be devastating to the local economy. >> we are talking about somethi
that would pay for the last debt ceiling increase. >> the looming deadline is march 1. deputy defense secretary ash carter warned friday that the pentagon's $800,000 civilian employees will face furloughs. and reduce paychecks starting in april, if sequestration is not avoided. pentagon is now planning to eliminate 46,000 temporary civilian workers as a result of these imminent budget cuts. >> i got a perfect storm coming up in the next few months. we have this whole crazy mechanism...
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Jan 31, 2013
01/13
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MSNBC
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and republicans still seem to think it might be fun to use a government shutdown or a debt ceiling crisis to force further cuts. you guys sure know how to show a gal a good time. there's no question over the long term we have to balance budgets and pay down our debts, but short-term deficit hawkishness is hurting us badly right now. our problem is not relief for storm victims or federal money for family planning services, it's a tax base that's too low to support rising health care costs and an aging population over the long term. let's deal with those problems over the long term. but for now, congress, how about we just try to avoid shooting ourselves in the foot. i know blaming government for a lack of spending is not the type of blaming government that the gop usually enjoys, but in lean times it's the only type of blaming government that we can afford. you know what would really be great is some stimulus, but you understand that's probably too much to ask for. so for now let's just keep the government from reversing the private sector-led recovery that is already under way. all right.
and republicans still seem to think it might be fun to use a government shutdown or a debt ceiling crisis to force further cuts. you guys sure know how to show a gal a good time. there's no question over the long term we have to balance budgets and pay down our debts, but short-term deficit hawkishness is hurting us badly right now. our problem is not relief for storm victims or federal money for family planning services, it's a tax base that's too low to support rising health care costs and an...
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Jan 24, 2013
01/13
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CNN
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ceiling ultimately unless they get severe spending cuts and the obama administration is not going to give it to them. and you are going to watch the u.s. do crazy, crazy things this year. >> if you are right on those crazy, crazy things, then the rest of us are in for a dreadful, dread full time? >> dreadful. it is going to be so strange for the richest country on earth to cross their arms and say i'm not paying. imagine crossing your arms. you are going to see it this year. >> reporter: now, we have been asking our guests here for the riskometer. on this side we have is the u.s. a bigger threat to global growth in 2013. on this side the e.u. lutnic thinks the u.s. is by far the bigger. as you look overall most people still seem to believe europe is the biggest threat in 2013. by the way, speet tweet me wher think the biggest threat is. >> very official looking. did you make that yourself? >> don't you mock it? it works and it is doing a good job. >> we will have people tweet you and see what they feel about all of this but a lot of power players weighing in on whether or not there i
ceiling ultimately unless they get severe spending cuts and the obama administration is not going to give it to them. and you are going to watch the u.s. do crazy, crazy things this year. >> if you are right on those crazy, crazy things, then the rest of us are in for a dreadful, dread full time? >> dreadful. it is going to be so strange for the richest country on earth to cross their arms and say i'm not paying. imagine crossing your arms. you are going to see it this year....
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the second problem of the second more and more important problem than just the monitor of the debt ceiling or the fiscal cliff to use the significant force in an economic policy that's five years ago is facing. in terms that you asked me face problems with the service and it's it's. probably you know the lunatic second now this possibility that perhaps not they're all right. still is on. and this is just a byproduct waltz in washington of economics of the kind of false if you emotional for the economy in the right. right token of the economy let's check out the u.s. markets they do remain minutes ago the dow continuing north around hoffer percent that five year high despite u.s. confidence coming out. really knocked by taxes in spots over in washington the games are on the dow thanks to corporate earnings from drug micah finds on energy shows up the lera reporting a twenty fold gain in profit that the two standout stocks to me the nasdaq down a fraction the footsie in london also had a good day of it which indicates that investors are expectant of more such a bike stimulus going forward as
the second problem of the second more and more important problem than just the monitor of the debt ceiling or the fiscal cliff to use the significant force in an economic policy that's five years ago is facing. in terms that you asked me face problems with the service and it's it's. probably you know the lunatic second now this possibility that perhaps not they're all right. still is on. and this is just a byproduct waltz in washington of economics of the kind of false if you emotional for the...
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Jan 25, 2013
01/13
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WETA
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after monday as we start to move toward debt ceiling conversation and spending cuts get placed on the table, the poor are likely to take it on the chin, and that is why we are having this conversation live on c-span. our web site is a futurewithoutpoverty.com. have we lowered our expectations? i wonder what we say to fellow citizens who have lowered expectations. there is always a debate about what the proper role of government ought to be, and i suspect we are going to get into more conversation over the coming days as to what the role of government should be, what are our expectations, are they too low, and some people will say they are too high. talk about expectations. what do we have a right to expect in the richest nation in the world? >> i think it is important about what should be done, it is not theory. it is actually being done in countries around the world with demonstrated, of proven results, so every child in many countries of europe start out with preschool, and the results are unlike this country there is not hereditary problems. if is proven. what you're saying about t
after monday as we start to move toward debt ceiling conversation and spending cuts get placed on the table, the poor are likely to take it on the chin, and that is why we are having this conversation live on c-span. our web site is a futurewithoutpoverty.com. have we lowered our expectations? i wonder what we say to fellow citizens who have lowered expectations. there is always a debate about what the proper role of government ought to be, and i suspect we are going to get into more...
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Jan 24, 2013
01/13
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CURRENT
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take for instance, raising the debt ceiling. something that everyone agrees need to be done. well, good news. by a vote of 285-144 today the house passed a bill raising the debt ceiling until may. but due to a provision that would withhold congressional pay if a budget isn't approved this year. 111 democrats voted against raiding the debt ceiling calling that provision a gimmick. however, it goes well beyond the house. today senator dick durbin revealed the democrats don't have the 51 votes necessary to reinstitute the talking filibuster even through the so-called nuclear option, even though everyone seems to want it. the last hope in filibuster reform is harry reid's great compromise of needing 41 votes to maintain a filibuster but i'm confident that the democrats will find some way to back down from that, too. joining me now the only one and only michael tomasky. starting with the debt ceiling. 111 democrats voted against raising the debt ceiling. was this all about the no budget no pay provision are the democrats trying to stick it to the g.o.p. >> i think the latter and i
take for instance, raising the debt ceiling. something that everyone agrees need to be done. well, good news. by a vote of 285-144 today the house passed a bill raising the debt ceiling until may. but due to a provision that would withhold congressional pay if a budget isn't approved this year. 111 democrats voted against raiding the debt ceiling calling that provision a gimmick. however, it goes well beyond the house. today senator dick durbin revealed the democrats don't have the 51 votes...
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Jan 28, 2013
01/13
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CSPAN
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[applause] the house will not consider another vote to increase the debt ceiling unless the senate passes a budget. we are going to point the country in the right direction. we are going to cut spending. [applause] when conservatives disagree on the way forward. we have never marched in lockstep. that is not what we do. and healthy debate is a good and needed thing. we can do that in private without doing it in public. all we ask of each other is thatwe need to give an honest account of our actions and the reasons for that. we should challenge the left and not each other. our founders were men of prudence. take james madison. nowadays they call him the founder of the constitution. but at the constitutional convention, he lost some key governments -- arguments. he fought for plan to give the states the same number of states in the government. he thought it was deeply unjust. in the first, he wanted to give congress even more power. he wanted it to be able to veto state laws. in both cases, madison argued vigorously for his side. and in both cases, he lost that argument. butwhen it came tim
[applause] the house will not consider another vote to increase the debt ceiling unless the senate passes a budget. we are going to point the country in the right direction. we are going to cut spending. [applause] when conservatives disagree on the way forward. we have never marched in lockstep. that is not what we do. and healthy debate is a good and needed thing. we can do that in private without doing it in public. all we ask of each other is thatwe need to give an honest account of our...
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Jan 27, 2013
01/13
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MSNBCW
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for every dollar increase in this debt ceiling we have to have a dollar in cuts to match that. the president said earlier this month, i'm not doing that anymore. we are not going to keep negotiating over the debt ceiling. this is our obligation over. the republicans have conceded the president had won the argument and are now -- this week they ebb extended the debt ceiling with no accompanied spending cuts. the republicans will cede that issue to him. >> your latest article, mitt romney i'm not going away. tell me. >> certainly was a little different. he came in to toub this weekend for the alfalfa dinner. we hadn't seen a lot from mitt romney since he lost in november. he to told donors that it was purposeful. he is not going anywhere. he will be active in 2013 and 2014s and in terms of 2016. although some sources said his personal ambition for public office are over. >> good to see you both today. thank you so much. >> thank you, t.j. >>> to the weather, the midwest is facing an ice threat. winter storm is dropping snow and freezing rain expected to bring icy conditions. powe
for every dollar increase in this debt ceiling we have to have a dollar in cuts to match that. the president said earlier this month, i'm not doing that anymore. we are not going to keep negotiating over the debt ceiling. this is our obligation over. the republicans have conceded the president had won the argument and are now -- this week they ebb extended the debt ceiling with no accompanied spending cuts. the republicans will cede that issue to him. >> your latest article, mitt romney...
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Jan 26, 2013
01/13
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MSNBC
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we've got sequestration coming, we've got the debt ceiling coming again we have to deal with in may. your article, this is a heck of a title, once unthinkable severe spending cuts now seem plausible, how so? >> t.j., what we saw in the congress was a few years ago they put together such big budget cuts, $1.2 trillion in cuts split 50-50 between military spending and domestic spending. and those were so big that everybody agreed at the time that there was no way we would do kind of this across the board budget ax. we're going to come back, we're going to rethink this and we're going to try to get those savings in a more -- in a smarter way. and that hope as it were is pretty much shot now when you talk to the republicans and democrats in the congress. republicans believe many of the deficit hawks out there believe this is the best chance they have for cutting spending. it's going to become law on march 1st. it's already on the way to taking effect. and democrats are happy to replace some of those cuts, particularly in the military side, but they want to do it with tax increases which
we've got sequestration coming, we've got the debt ceiling coming again we have to deal with in may. your article, this is a heck of a title, once unthinkable severe spending cuts now seem plausible, how so? >> t.j., what we saw in the congress was a few years ago they put together such big budget cuts, $1.2 trillion in cuts split 50-50 between military spending and domestic spending. and those were so big that everybody agreed at the time that there was no way we would do kind of this...
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Jan 29, 2013
01/13
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MSNBC
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that was to pay for the last debt ceiling increase, let alone any future increases. we're not interested in shutting government down. what happens on march 1, spending goes down automatically. march 27th is when the moment you're talking about, the continuing resolution expires. we are more than happy to keep spending at those levels going on into the future while we debate how to balance the budget, how to grow the economy, how to create economic opportunity. >> all right. now let's put this in context and think about what congressman ryan from wisconsin is really saying. republicans backed off their debt limit threat because they knew it was a political loser. and now they seem to be backing off their threat to shut down the government. sequester? well, that's another matter. if congress does nothing, the cuts take effect. republicans don't want defense cuts, but they might be willing to stomach those cuts because domestic programs would also get slashed, including medicare. and that's what republicans really want. let's turn to barney frank, former massachusetts c
that was to pay for the last debt ceiling increase, let alone any future increases. we're not interested in shutting government down. what happens on march 1, spending goes down automatically. march 27th is when the moment you're talking about, the continuing resolution expires. we are more than happy to keep spending at those levels going on into the future while we debate how to balance the budget, how to grow the economy, how to create economic opportunity. >> all right. now let's put...
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ceiling or the fiscal cliff i think is a significant force in the role of economic policy that is five years ago if i face a. journalist that you asked me face problems with service and it's it's. probably no you know lunatic aside now this possibility that perhaps not their ally. still is on the take. and this is just a byproduct waltz in washington all the phenomena of the kind of policy you know the most important economy in the world. but without a minus check out the markets us will be able to see they are indeed mixed but the down watch lee continues north actually averaging a five year high and that's despite u.s. confidence coming out. not by taxes and spanks over in washington but gains on the dollar though really thanks to corporate earnings from the likes of drug make a fire which rose two point eight percent of the higher than expected full year profit and energy shares as well collines also having a good session reporting a twenty fold profit so that's why it is half a percent for the dow. started out now the footsie in london as you can see seven tenths of a cent london h
ceiling or the fiscal cliff i think is a significant force in the role of economic policy that is five years ago if i face a. journalist that you asked me face problems with service and it's it's. probably no you know lunatic aside now this possibility that perhaps not their ally. still is on the take. and this is just a byproduct waltz in washington all the phenomena of the kind of policy you know the most important economy in the world. but without a minus check out the markets us will be...
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Jan 24, 2013
01/13
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CURRENT
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the debt ceiling. the g.o.p. is calling to balance the federal budget in just ten years. that's almost twice as fast as previous efforts by republicans. if that is the case, medicare and other safety net programs wills take a huge hit. yesterday's extension of the debt ceiling now goes to the senate which will likely pass it as well. we'll be right back. (vo) current's award winning original series is back with an all new episode straight from the headlines. (vo) in the minefield of the nation's gun control debate, this could be the most polarizing issue. >> anybody can claim stand your ground and they could get away with murder. >> announcer: broadcasting across the nation on your radio and current tv, this is the "bill press show." >> bill: yes indeed. equality moves to the front lines as the pentagon today lifts the ban on women in combat. big move. a great move. hello, everybody. happy, happy thursday and welcome, welcome to the "full court press." coming to you live all the way across this great l
the debt ceiling. the g.o.p. is calling to balance the federal budget in just ten years. that's almost twice as fast as previous efforts by republicans. if that is the case, medicare and other safety net programs wills take a huge hit. yesterday's extension of the debt ceiling now goes to the senate which will likely pass it as well. we'll be right back. (vo) current's award winning original series is back with an all new episode straight from the headlines. (vo) in the minefield of the...
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Jan 24, 2013
01/13
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MSNBCW
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no budget, no pay. >> in the spotlight tonight, debt ceiling magic. that was house speaker john boehner after the house passed a bill making the debt ceiling disappear until may 18th, without cutting any federal spending. the stupidly named and conceived "no budget, no pay act" passed with a vote. 33 republicans voted against the bill, 199 voted for it. 86 democrats voted for the bill, 111 democrats voted against it. not only will the no budget, no pay act suspend the debt ceiling for about three months, it also requires the house and senate to pass budget resolutions by april 15th, and if they don't, representatives and senators will not get paid, which is of course, wildly unconstitutional. the 27th amendment prohibits congress from modifying their own paychecks in any way. they can vote to change the pay for future congress only, but republicans passing an unconstitutional bill, while at the same time relieving the pressure on the debt ceiling was welcomed by some democrats as republicans moving from out-right crazy to half-crazy. >> i'm not sure w
no budget, no pay. >> in the spotlight tonight, debt ceiling magic. that was house speaker john boehner after the house passed a bill making the debt ceiling disappear until may 18th, without cutting any federal spending. the stupidly named and conceived "no budget, no pay act" passed with a vote. 33 republicans voted against the bill, 199 voted for it. 86 democrats voted for the bill, 111 democrats voted against it. not only will the no budget, no pay act suspend the debt...
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Jan 26, 2013
01/13
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WETA
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now, in order to get the votes to allow the debt ceiling to be raised three months, speaker boehner promised his members the opportunity to vote on a budget that would be balanced within ten years. you can't tell people between 55 and 65, don't listen to this anyway. cure not going to be affected by this. if you balance the budget in ten years. so they're their challenge in winning over americans to the vision of smaller government and practical way is getting tougher. gwen: when you see something like the senator from georgia who says today he's not going to run. he said nothing to do with the fact he split had tea party challenge coming up. but people like that, mitch mcconnell, senate minority leader, getting a little nervous. >> i think that is a real link between what john is talking about. in that the people who are in office have got to worry about the tea party and its demands for these really significant cuts. and then you have r.n.c. down in charlotte saying, let's not focus on those things anymore at an event, by the way, where no tea party person was invited. how can they balls t
now, in order to get the votes to allow the debt ceiling to be raised three months, speaker boehner promised his members the opportunity to vote on a budget that would be balanced within ten years. you can't tell people between 55 and 65, don't listen to this anyway. cure not going to be affected by this. if you balance the budget in ten years. so they're their challenge in winning over americans to the vision of smaller government and practical way is getting tougher. gwen: when you see...
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Jan 27, 2013
01/13
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WUSA
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ceiling. a measure that the democratically controlled senate agreed to vote on. we went to capitol hill to meet with senator mac thornberry of texas who's the number two republican. i asked him what he thought about the guidance and whether it answered the questions that gop members have been raising. >> not really. i think a lot of us wanted dod to be serious about explaining the effects of sequestration before we ever got to this point and that would have in our judgment helped motivate people to find another way. other spending cuts to take the place of the sequestration. and i still think there are a lot of questions as the services work through there with some -- this with some accounts exempt. some not. some are going to be hit pretty hard. >> overall from a good fashion and at least trying to make clear that some of those are going to be dramatic cuts? >> it was a beginning but i still think there are lots of details to be fleshed out that most people including most members of congress
ceiling. a measure that the democratically controlled senate agreed to vote on. we went to capitol hill to meet with senator mac thornberry of texas who's the number two republican. i asked him what he thought about the guidance and whether it answered the questions that gop members have been raising. >> not really. i think a lot of us wanted dod to be serious about explaining the effects of sequestration before we ever got to this point and that would have in our judgment helped motivate...
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Jan 28, 2013
01/13
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CSPAN
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history, or if you can use the debt ceiling, which you cannot in the end pull the trigger on, because even though you could probably go without technical default for months and months, it would be catastrophic. it would mean you'd have to cut spending by 40% overnight which you can't do. so unless you can execute the bluff, don't do it because obama will call it, as he called it on january 1 of this year, as he would with the debt ceiling. don't -- if you can't carry out the bluff. i hope you weren't plauding carrying out the bluff, in which case my entire argument is undermined and has gone nowhere. >> i think that's a small contingent against suicidal charges. >> and they are on suicide watch. i hope their shoelaces have been removed. [laughter] >> so you do what i think the house members and their retreat in williamsburg very cleverly did. you pick your fights and don't try to govern from one house to get very small advances. i thought i recommended last week that in return for a temporary debt ceiling hike of three months, they demand that the senate produce a budget. and they acc
history, or if you can use the debt ceiling, which you cannot in the end pull the trigger on, because even though you could probably go without technical default for months and months, it would be catastrophic. it would mean you'd have to cut spending by 40% overnight which you can't do. so unless you can execute the bluff, don't do it because obama will call it, as he called it on january 1 of this year, as he would with the debt ceiling. don't -- if you can't carry out the bluff. i hope you...
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141
Jan 31, 2013
01/13
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WRC
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it is set to vote on a bill to athe debt ceiling to keep going up through the middle of may had a would delay the ex-penned showdown between democrats and republicans over spending cuts. the house passed a bill last week. >>> president obama says he will sign it if it passes in the senate. >>> we are still following a developing story out of alabama. a-year-old boy is being held hostage and is now going on three days. here is what we know. 63-year-old man boarded a school bus tuesday after fatally shooting the bus driver. he grabbed the 5-year-old sxwoy pled the scene. police tracked the man down but says he has been holding the child hostage for more than 30 hours. neighbors of the man describe him as a loner and survivalist who distrust it is government. you can count on news4 for updates it is a story continues to unfold. >>> metro says it may need to review its procedures with d.c. fire after a chaotic evening commute. an insulator started smoking on the green line and the emergency responder cut the wrong electricity source. that left two trains stopped for hours between the anacos
it is set to vote on a bill to athe debt ceiling to keep going up through the middle of may had a would delay the ex-penned showdown between democrats and republicans over spending cuts. the house passed a bill last week. >>> president obama says he will sign it if it passes in the senate. >>> we are still following a developing story out of alabama. a-year-old boy is being held hostage and is now going on three days. here is what we know. 63-year-old man boarded a school bus...
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Jan 24, 2013
01/13
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CURRENT
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a budget fight than a long-protracted fight over the debt ceiling. >> cenk: i'm going to be controversial. i don't think so, and i'll tell you why and michael and grace you can speak to this. i think what it is that their bosses in corporate america said no debt cereal ceiling is sacrosanct. you mess with payments to soldiers any time you like but you're not going to mess with our bonds, what do you think about that, grace. >> that's a little conspiracial for my test, but they said, we can't default. don't hold the economy hostage any more. cut spending where you want to cut spending but don't use the debt limit to do it. they realize there is no political appetite in the business world in the regular world, and in the political world to hold the economy hostage in the way that they did in 2011. >> michael, tell me how in the world they gain leverage by having the fight over the budget or the sequester instead? i don't see it. >> there is something that nobody is talking about here, which is the political leverage that boehner wants right now. i think boehner needs to reassess. i think th
a budget fight than a long-protracted fight over the debt ceiling. >> cenk: i'm going to be controversial. i don't think so, and i'll tell you why and michael and grace you can speak to this. i think what it is that their bosses in corporate america said no debt cereal ceiling is sacrosanct. you mess with payments to soldiers any time you like but you're not going to mess with our bonds, what do you think about that, grace. >> that's a little conspiracial for my test, but they said,...
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Jan 26, 2013
01/13
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look at sequestration and the spending cuts and the debt ceiling we believe it is all a dog and pony show. there is really not going to get cut, only get large. >>> he never spoke at the inaugural address about balancing the budgets and living within our means and making difficult choices. just the opposite. he seems to want to lock in this permanent welfare dependency mentality in the country which pretty much guarantees america becomess. >> you have this philosophical id long-timal mentality. what we like to think of unfortunately is that politics in washington is a little bit now like professional wrestling okay. there is this demonstration going on but it is kind of scripted and it doesn't really get to the full truth of what is going on. >> sean: there are two other issues we haven't dealt with yet. one is the media. they are not doing specials on this. number two, american people you know what, i don't know if they are either aware or they don't care. you want to weigh in here but the bottom line is they voted in obama. i got chris matthews all mad, he didn't get a tingle up hi
look at sequestration and the spending cuts and the debt ceiling we believe it is all a dog and pony show. there is really not going to get cut, only get large. >>> he never spoke at the inaugural address about balancing the budgets and living within our means and making difficult choices. just the opposite. he seems to want to lock in this permanent welfare dependency mentality in the country which pretty much guarantees america becomess. >> you have this philosophical id...
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Jan 25, 2013
01/13
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CSPAN2
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ceiling is no big deal, that we could raise the debt ceiling only if we cut government spending as well. but where were they during those years? those very difficult or years? and incidentally, aye compile -- i've compiled the voting records on the debt increases that president bush requested during those years. and i hope, mr. chairman, i could insert them into the record. >> without objection. >> thank you. many senior members of this committee routinely voted to raise the debt ceiling during those years even though the money for the tax cuts and the wars was put on emergency basis for the purpose of hiding the costs. so i'm pleased that we're coming around to a more reasonable position today, and i hope that we're going to find a common path forward on many of these issues. mr. johnson, you state in your testimony that low unemployment depresses tax revenue, and this is the mayor reason for -- major reason for our current deficits and why they're so large. once the economy recovers fully and the unemployment rate is lowered, it certainly will take some of the pressure off of these di
ceiling is no big deal, that we could raise the debt ceiling only if we cut government spending as well. but where were they during those years? those very difficult or years? and incidentally, aye compile -- i've compiled the voting records on the debt increases that president bush requested during those years. and i hope, mr. chairman, i could insert them into the record. >> without objection. >> thank you. many senior members of this committee routinely voted to raise the debt...
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Jan 28, 2013
01/13
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that was to pay for the last debt ceiling increase let alone any future increases. >> reporter: one of the nation's largest federal contractors, general dynamics based in fall's church, virginia, announced a $2 billion loss which it is blaming on defense cuts and falling government demand. >> draconian measures will have to be taken, furloughs, layoffs in the defense industry but most importantly to me, a devastating blow to our national security if the sequestration takes place. and it is up to congress and the president to act together and frankly so far i have not seen the kind of urgency that many of us feel about sequestration and, its implementation report so it seems with the war being wound down in afghanistan, the real fight begins at home for tighter bum jets. jamie? jamie: those civilians play an important role. thanks. jon: take a look at this. a brush with death for a guy on a motorcycle, when a big-rig truck flips over and nearly crushes him. jamie: whoa. jon: yeah, that amazing video, where it happened. we'll tell you about it coming up. >>> plus football is america's mo
that was to pay for the last debt ceiling increase let alone any future increases. >> reporter: one of the nation's largest federal contractors, general dynamics based in fall's church, virginia, announced a $2 billion loss which it is blaming on defense cuts and falling government demand. >> draconian measures will have to be taken, furloughs, layoffs in the defense industry but most importantly to me, a devastating blow to our national security if the sequestration takes place....
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520
Jan 27, 2013
01/13
by
CNN
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congress voted to suspend the debt ceiling for three months and figure out deeper cuts to reduce the deficit. that keeps me employed for a few more months. but even before that deadline hits, again, march 1st will be on us. the so-called sequester deadline. that's a stupid washington name for a stupid and dangerous washington creation. the automatic across the board spending cuts. and then there's another date to worry about, april 15th. not just tax filing day, but the date by which congress has promised to adopt a budget resolution. they've even this time staked their pay on it, agreeing to reach a deal or face suspension of their paychecks until they reach a deal. that might just be enough of a carrot to present a budget that takes on our ballooning deficit. but the battle over that deficit make that recent battle over tax hikes for the rich seem like a friendly game of badminton. big spending cuts are needed and they will hit americans where it hurts. health care, medicare, social security. president obama emboldened by his re-election has already drawn his so-called line in the
congress voted to suspend the debt ceiling for three months and figure out deeper cuts to reduce the deficit. that keeps me employed for a few more months. but even before that deadline hits, again, march 1st will be on us. the so-called sequester deadline. that's a stupid washington name for a stupid and dangerous washington creation. the automatic across the board spending cuts. and then there's another date to worry about, april 15th. not just tax filing day, but the date by which congress...